Earnings PerformanceThe company's earnings per share outperformed expectations due to strong restaurant margins and a favorable tax rate.
Investor Actions And DividendsActivist involvement, coupled with a solid 4% dividend yield and the company's proven ability to effectively manage costs, provides strong support for the stock's value.
ValuationThe current valuation of the company is attractive, trading at less than 6 times its projected earnings before interest, taxes, depreciation, and amortization.